INOGEN INC (INGN) Stock Technical Analysis
USA - NASDAQ:INGN - US45780L1044 - Common Stock
8.24 USD
+0.07 (+0.86%)
8.24 USD
0 (0%)
Taking everything into account, INGN scores 5 out of 10 in our technical rating. In the last year, INGN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month INGN has a been trading in the 7.82 - 9.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
INGN is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 76% of 189 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, INGN did better than 70% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
INGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INGN is lagging the market.
INGN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.15, a Stop Loss order could be placed below this zone.
More info and screens
6.03
9.90
We found 4 important support areas.
- A support zone ranging from 8.03 to 8.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.88 from a horizontal line in the daily time frame.
- Support @6.35 from a trend line in the weekly time frame.
- Support @6.09 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.37 to 8.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.78 to 8.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.80 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for INGN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INGN is down. |
| ChartMill Relative Strength | 70.97 | POSITIVE | INGN has a high relative strength, it outperformed 70.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of INGN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of INGN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.31 | NEUTRAL | The RSI value for INGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests INGN has a negative trend. |
| Stochastics (14,3) | 34.54 | NEUTRAL | The Stochastics value for INGN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for INGN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for INGN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.24
+0.07 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.86%
1 Week-6.04%
2 Weeks-1.55%
1 Month-4.74%
3 Month32.69%
6 Month14.44%
12 Month-5.18%
2 Year84.34%
3 Year-63.64%
5 Year-71.79%
10 Year-80.72%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.26%
ATR Inc-2.33%
Range Today0.18
ADR(20)0.35
ADR(20)%4.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.97
3 months CRS88.74
6 months CRS63.81
Mansfield-1.04
10 Day High9.13
10 Day Low8.06
20 Day High9.13
20 Day Low7.82
52 Week High12.91
52 Week Low5.7
CS1 End8.15
CR1 Start8.37
Volume & EV
DER(3)-3.16%
DER(5)2%
Volume90.20K
Volume Incr-23.35%
Vol(5)126.34K
Vol(50)178.33K
INOGEN INC / INGN FAQ
What is the technical rating for INGN stock?
ChartMill assigns a technical rating of 5 / 10 to INGN.
What is the current trend direction of INOGEN INC (INGN) stock?
The current trend direction for INOGEN INC (INGN) is Bullish.
What is the RSI signal for INOGEN INC (INGN) stock?
INOGEN INC (INGN) has an RSI value of 45.3076. This indicates that the stock is currently neutral.
What is the short term momentum for INGN stock?
The short term momentum for INOGEN INC (INGN) is negative.
Can you provide the buy/sell signal for INOGEN INC?
The buy/sell signal for INOGEN INC (INGN) is hold as the short term and long term trends are mixed.